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1997-08-12 LOC Bond Reduction e I~~ISCHEE.K'S INCORPORATED e 1023 West 55" Street Countryside, Illinois 60525 708-352-6282 . Fax 708-352-6295 August 12, 1997 Kenco Enterprises, Inc. 13736 Johnson st. N.E. Ham Lake, MN 55304 Re: Bond No. - 95176 Owner/Municipality - City of Albertville Subdivision - Parkside 3rd Addition Date of Bond - 08/09/96 Bond Amount - $88,800.00 Dear Sir/Madam: The above captioned bond is renewing in 8/97. If this bond is to be reduced or released, we will need a reduction or acceptance letter from the. Owner/Municipality. If we do not receive the revised information by 08/26/97, we will be renewing the bond for the period of 8/97-98 at the previous year's bond amount or reduced amount. If you should have any questions, please do not hesitate to contact our office. Thank yau for your assistance in this matter. SincerelY, SCHEER'S, ]NCORPORATED ~~~ob:r Bond Department.